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Jerusalem Life

| Monthly tax calculator 2020

Zev Stub    
Thursday, 09 January 10:05 AM

Compiled by Reuven Shirazi 

The rates, thresholds and ceilings for 2020 are now available. Please find here my updated simple tax calculator for checking over payslips. A guide to the calculator can be found in the "info" sheet.
There's been a slight tax cut since 2019 but only to keep up with inflation.
  • Someone on a salary of 10,000 shekels / month will receive 19 shekels / month more in take-home pay
  • Someone on a salary of 20,000 shekels / month will now receive 25 shekels / month more in take-home pay

         
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